Newton Real Estate Market Overview
Public School Ranking:
Location and Weather
Newton, NC is 37 miles from Charlotte, NC and is considered a part of the Charlotte metropolitan area. Newton is in a geographic triangle with Asheville to the northwest, Winston-Salem to the northeast, and Charlotte to the southeast. It also includes the foothills of the Blue Ridge Mountains.
Newton has warm, beautiful summers and freezing, wet winters. The summer temperatures are in the 70’s, with lows in the mid-60’s. The winter temperatures are in the mid-40’s, with lows in the 20’s.
Population, Job Market and Cost of Living
The population of Newton in 2019 was 13,129, with a growth rate of .45%. The job growth has increased by 1.63% and in ten years, is predicted to have increased by 39.79%. Newton has a very diverse industrial base, and includes companies producing fiber optic cable, automotive parts, baked goods, medical supplies, telecommunications technology, furniture and textiles. Over half of the nation’s furniture is actually produced within a 200-mile radius of Newton.
The major employers are Target Distribution Center, Flowers Baking Company, Lee Industries, General Dynamics, ZG Lemforder, Sarstedt, Technibilt, and Renwood Mills. Business North Carolina magazine ranked the region as having the second-best business environment of the state’s 50th largest communities. The cost of living is low, due to Newtons real estate market and affordability of homes. Newton is also home to a historic downtown area that hosts the annual Soldiers Reunion and features patriotic activities, including a parade.
With a scenic setting, ideal location, outdoor parks, low cost of real estate and a diversified job economy, Newton will continue appealing to residents looking for high quality living.